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Wednesday, September 30, 2015

On the WIsdom of Those Forecasts By Wall Street "Experts"


Strategists had barely changed their views through the middle of the year. It wasn’t until the S&P 500 sharply dove more than 10% in the middle of August that Wall Street started becoming less optimistic on the path for equities in 2015.

Since it is always hard to find a Wall Street Expert working at a brokerage firm who isnt optimitic, there isnt a single analyst surveyed in the article that doesnt see the market ending the year higher than current levels with the average of those surveyed with a year end targe of 2177 for the S+P 500 which is around 15% higher than the current 1884.

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